The perfect balance of compensation and support

Experienced financial advisors, whether from wirehouses, independent firms, or insurance
companies or banks, all seek maximum compensation with high levels of built-in firm support to help grow their business.This combination is hard to find, but
at Waddell & Reed we believe that we deliver the optimum mix of highly competitive
compensation and high-quality advisor support.

In the typical full-service business model, advisors benefit from significant national
support. This support is commensurate with the advisor's production levels and covers
the critical areas of their business. However, in exchange for that support, even
successful advisors rarely exceed a 45 percent payout while many receive payouts in the
20-40 percent range.

Independent firms, by contrast, often promise advisors 90 percent payouts. Yet, that payout
comes with little to no built-in advisor support. Most advisors are left to their
own devices to construct a support structure that can be ad hoc, expensive and time
consuming. What started as the promise of a 90 percent payout might look a lot
less after getting the resources you need to manage your practice.

At Waddell & Reed, we offer world-class support and a compensation structure
that rewards you fully for your efforts. In addition, we give you the freedom to
shape and grow your business as you choose, unburdened by tasks that divert your
focus. It is at this intersection of compensation and support that you will find
Waddell & Reed is an industry leader.

Waddell & Reed has struck a unique balance, offering very competitive compensation
and a high level of advisor support. Our business model allows you to focus on why
you got in the business in the first place − making a difference in your community,
helping clients meet their financial goals and gaining financial independence of
your own.